Namaste Tribe!
As you know, the current percentage of trading fees you pay depends on your WRX holdings on the exchange. We frequently review this, and based on the annual review of discounts and efforts to improve WRX utility, we have updated the trading fee slab. This slab determines the percentage of trading fees one needs to pay.
This new slab will be effective from 4 PM IST on 23rd January 2023.
How will my trading fees be calculated now?
The trading fees paid by you are determined by the amount of WRX you hold on WazirX. The more WRX you hold, the lower your trading fees will be.
Going forward, the effective trading fees paid by you will be determined as follows:
|
WRX holdings |
Trading Fee Payable |
|
0 - 500 WRX |
0.2% |
|
500 - 10,000 WRX |
0.17% |
|
10,000 - 50,000 WRX |
0.15% |
|
> 50,000 WRX |
0.1% |
For example, let’s say that you’re holding 750 WRX on WazirX, and you buy ₹2000 worth BTC in the INR market. So you will have to pay a trading fee of 0.17% on the order, i.e., ₹3.4. Similarly, you buy 100 USDT worth BTC in the USDT market. So you will have to pay a trading fee of 0.17% on the order, i.e., 0.17 USDT.
Thanks for your support 🙏
Happy trading!
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. WazirX will make best efforts to choose high-quality coins but will not be responsible for your trading losses.